save for the future using annuities
What is a fixed index annuity?
A fixed index annuity is an insurance product that offers the potential for growth while providing downside protection and income in retirement. While there are many different types of annuities, a fixed index annuity offers the unique benefit of being able to participate in the stock market's upside potential without worrying about the downside risk. This is because the gains in the annuity are based on a predetermined index, such as the S&P 500, and are not directly linked to the stock market.